103,982 Shares in JPMorgan Ultra-Short Income ETF $JPST Purchased by Wavvest Wealth LLC

Wavvest Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 3rd quarter, Holdings Channel reports. The fund purchased 103,982 shares of the company’s stock, valued at approximately $5,238,000. JPMorgan Ultra-Short Income ETF makes up 4.1% of Wavvest Wealth LLC’s holdings, making the stock its 4th biggest position.

A number of other institutional investors have also recently modified their holdings of JPST. Nicholson Meyer Capital Management Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 0.9% during the first quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after acquiring an additional 202 shares during the period. Whipplewood Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.2% in the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock worth $936,000 after acquiring an additional 227 shares in the last quarter. Blueline Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF by 9.2% in the third quarter. Blueline Advisors LLC now owns 2,746 shares of the company’s stock worth $138,000 after acquiring an additional 232 shares in the last quarter. Vista Cima Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.7% in the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock valued at $1,766,000 after acquiring an additional 239 shares during the period. Finally, Secured Retirement Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 5.1% in the first quarter. Secured Retirement Advisors LLC now owns 5,003 shares of the company’s stock valued at $253,000 after acquiring an additional 243 shares during the period. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.35 on Thursday. The company has a market cap of $42.53 billion, a P/E ratio of 109.46 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The business has a fifty day moving average of $50.39 and a two-hundred day moving average of $50.46.

JPMorgan Ultra-Short Income ETF Company Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.